A Painfully Slow Recovery


Catherine Rampell previews tomorrow's jobs report. She notes that the "median forecast, according to Bloomberg’s survey of Wall Street analysts, is a net gain of 196,000 nonfarm payroll jobs, after a gain of 36,000 in January":

If from hereon out we have job growth of 200,000 jobs a month, it’ll take more than three years before the economy regains the employment levels it had before the recession. And that doesn’t even account for the fact that the working-age population has continued to grow, meaning that if the economy were healthy we should have more jobs today than we had before the recession.

(Image via TDW)